Retail giant Robinhood announces the addition of new crypto assets to its fast-growing product suite.
In a new press release, Robinhood say it adds smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE) and XRP.
These four tokens will join other popular cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and Aaave (AAVE).
As stated by Johann Kerbrat, Vice President and General Manager of Robinhood Crypto:
“We have consistently heard from our customers that they want access to more digital assets, and we are excited to continue expanding our crypto offering. With lower barriers to entry, we believe crypto offers an opportunity for those historically left behind by the traditional financial system.”
Earlier this month, Robinhood and other crypto exchange platforms like Kraken joined forces with stablecoin publisher Paxos to launch a new enterprise-grade stablecoin network that aims to increase the use of dollar-pegged crypto assets around the world .
Last month it was announced that if Trump were elected, Robinhood Chief Legal Officer Dan Gallagher could be first in line to replace Gary Gensler as chairman of the US Securities and Exchange Commission (SEC).
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